by our College Data Analytics TeamMany students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to Edge Tech Academy can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financing options does Edge Tech Academy offer, and what will you qualify for? Keep scrolling for more information. Keep reading to learn how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Continue reading to find information to help you understand just how much assistance you can expect to receive from Edge Tech Academy.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Among first-time, full-time freshmen at Edge Tech Academy, 85% of entering full-time freshmen got some type of financial assistance approximately 142 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $5,365 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 70% | $5,324 |
| State/local grants | 11% | $258 |
| Federal student loans | 68% | $5,811 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Edge Tech Academy, some 76% of undergraduates were awarded an average grant or scholarship of $5,284 (covering around 243 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $5,284 |
| Federal Pell grants | 70% | $5,247 |
| Federal student loans | 70% | $6,007 |
For students living on campus and receiving title-IV aid, grants averaged $4,907.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $24,132 |
| $30,001 – $75,000 | $24,039 |
Remember these are net prices — what families pay after gift aid, not before.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $22,520 |
| Off-campus title-IV students | $24,094 |
To project your own net price, use Edge Tech Academy’s online cost calculator: www.stvt.edu/NetPrice/Arlington/.
The median student at Edge Tech Academy graduates with $10,661 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $10,661 |
| Median federal debt (graduates only) | $15,917 |
| Typical 10-year monthly payment (graduates) | $168.75/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Edge Tech Academy.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,530 |
| 25th percentile | $6,333 |
| 75th percentile | $13,000 |
| 90th percentile (highest-debt students) | $16,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $10,657 |
| Middle income | $11,457 |
| High income | $9,111 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $10,587 |
| Continuing-generation students | $12,139 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $9,500 |
| Independent students | $11,943 |
The figure below distills the debt data into a single burden category for Edge Tech Academy.
The Stafford program is the federal direct-loan vehicle most undergraduates use. Below is the annual Stafford program activity at Edge Tech Academy:
| Metric | Value |
|---|---|
| Stafford loan recipients | 126669 |
| Total Stafford loan amount | $1,878,020,953 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 16 |
| Total GI Bill amount | $133,135 |
| Average GI Bill amount per recipient | $8,321 |
References
More about our data sources and methodologies.